If you can get a note for 200K at no interest and you have completed your due diligence on this deal, then go for it. 

Here is a newly created resource on BiggerPockets, which touches out cost segregation, accelerated depreciation, bonus depreciation, depreciation recapture, Real Estate Professional Status (REPS), STR Loophole / STR Strategy, example properties, and more. 

This is something that I have always wanted to do but finally decided to make the career switch and go for it.

🤝[I am not sure I fully understood what I was getting into when I undertook this research.  

These properties often generated decent revenue but underperformed simply because they didn’t stand out visually.3.Natural Language Processing: They also trained an NLP model to review poorly written Airbnb descriptions.

My preliminary research on Zak has not shown much negative things yet.

So you want to check that out.I also ask how familiar are you with Spanish, and reading Spanish contracts, and knowing landlord/tenant laws in Spain? 

Your question was answered but I am curious - Why would you take out a HELOC for a six month cd? 

And indeed they do this all the time.I would get your own accountant's temperature on this first.   

I was studying the market and my rent will be just enough to cover the mortgage and HOA fee now I might to pay out of pocket for insurance but don't want to sell it yet because the area is growing and might have good appreciation in the years that follow.